Metal forming robots perform processes in which flat sheets or metal rods are reshaped by pressing the material beyond its yield strength. On the other hand, press tending robots are used for applications such as part infeed, transfer and racking of press lines.

Technavio’s analysts forecast the global metal forming and press tending robots market to grow at a CAGR of 7.63% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global metal forming and press tending robots market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Metal Forming and Press Tending Robots Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

ABB

FANUC

Kawasaki Heavy Industries

Midea Group

Yaskawa Electric

Market driver

Advantages over automated equipment

For a full, detailed list, view our report

Market challenge

High cost of deployment

For a full, detailed list, view our report

Market trend

Improvement in robotic system integration services

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2022 and what will the growth rate be?

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is improvement in robotic system integration services. Several key vendors are increasingly offering software solutions to improve the commissioning and programming of industrial robots and the efficiency of press tending robots. For instance, vendors inducing Yaskawa offers Advanced PP Customization SDK and ABB offers StampWare, StampSynchro, and StampMaster.”

According to the report, one driver in the market is advantages over automated equipment. Over the years there has been an increase in the adoption of metal forming and press tending robots due to their ability to work under demanding conditions and give relatively better results than automated equipment used for metal forming and press tending applications.

Further, the report states that one challenge in the market is high cost of deployment. Metal forming and press tending robots involve the use of sensors, software, and advanced technologies, which makes their prices considerably high, thus requiring large initial one-time payment.